WHAT IS AN EASEMENT?

WHAT IS AN EASEMENT?

EASEMENT ASSISTANCE & PROJECT APPLICATION

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A conservation easement is a voluntary agreement between a landowner and a qualified land trust, conservation group or government agency regarding the future uses of private property. The conservation easement is recorded and becomes part of the deed to the property. We tailor our conservation easements are tailored to fit a landowner’s individual situation, and the terms of the easement are established only after detailed discussions between the landowner and The Land Trust take place. Landowners continue to have complete control over public access to their property after the completion of a conservation easement. Through an agricultural conservation easement, landowners can protect their property to ensure that future generations have continued opportunities to ranch. At the same time, agricultural conservation easements contribute to maintaining the viability of a region’s agriculture, sustain biological resources within the ranch, provide watershed protection and vistas of working landscapes for the enjoyment of the public. The donation of a conservation easement to the Rangeland Trust may significantly reduce federal and state income, estate and inheritance taxes. The sale of a conservation easement to the Rangeland Trust may provide a ranching operation with a much-needed influx of capital to pay down outstanding debt or to reinvest in the ranch. Adapted from California’s Rangeland Trust Agricultural Easement Narrative, available here.

Types of Easements

Donated Conservation Easements

When the landowner donates the purchase price of the conservation easement for significant tax benefits.

Funded Conservation Easements

When the purchase price of the conservation easement is paid for by one or more funding organizations, groups or agencies This still offers tax benefits to the landowner.

Bargain Sale Conservation Easements

The ranchers’ needs may require the blending of any combination of the above easement types.

Mitigation Easements

These help the offset expected adverse impacts of development on loss of farmland, habitat or riparian areas. Paid for by the developer or mitigating group.

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